July WASDE: Hitting it out of the park!

McKeany-Flavell Hot Commodity Podcast

English - July 12, 2024 20:50 - 28 minutes - 38.9 MB - ★★★★★ - 8 ratings
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Previous Episode: Food inflation & a bag of groceries

Sugar
2023/24 ending stocks increased
Beet sugar increased for both old and new crop

Wheat
USDA blew away expectations with big increases to wheat production
Wheat ending stocks now largest since 2019/20
Global stocks rise, but not likely to hold

Corn
Feed category providing its usual late-season surprise for corn

Soy complex
Global soybean balance sheet suggests bearishness for the foreseeable future

Don’t forget to register for our next webinar!
Wheat Market Update on July 31, 2024
Registration opens July 17, watch your email or visit mckeany-flavell.com

Host: Michael Caughlan, President & CEO
Expert: Kevin Combs, Vice President – Global Sweeteners Specialis
Expert: Eric Thornton, Commodity Specialist
Expert: Nicole Thomas, Vice President – Information Services